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Precious Metals Preview: COMEX gold and silver scale up as dollar pulls back
10-Mar-2026 08:34

Precious metals added gains on Tuesday morning in Asia tracking pullback in dollar from around three month high. COMEX gold was up over 1.5% at $5174.30 an ounce whereas silver futures climbed over 6% to be trading at $89.18 an ounce. Oil prices trimmed their gains after US President Donald Trump said he plans to waive oil-related sanctions and predicted the war with Iran would be resolved 'very soon,' as he faces mounting economic and political pressures following days of sharp volatility in Oil markets. Meanwhile, investors are awaiting key US inflation reports, including the Consumer Price Index (CPI) and the Personal Consumption Expenditures (PCE) Price Index, due later this week for fresh clues on the Fed's monetary policy outlook.

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